Alberta · CCAA
Monitor's Sixteenth Report dated April 13, 2017
Court officer report · 13 April 2017
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing1 verified
- recovery outcomeentries: basis: unstated · quote: The Monitor's calculation of its recommended Holdback of approximately CAD$51 million and the Fourth Interim Distribution to the Syndicate in the amount of CAD$25 million is set out in Appendix ' A ' to this report and summarized in the table below: · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: monitor · amount low: 25000000 · cumulative: false · amount high: 25000000 · class label: Syndicate · creditor name: Syndicate · interim final: interim · conditional on: Subject to Court approval of the Fourth Interim Distribution and a Holdback of approximately CAD$51 million · currency quote: CAD$25 million · claims qualifier: unstated; basis: actual · quote: To date, the Company has made Court approved post-filing interim distributions to the Syndicate in the aggregate amount of CAD$259 million. · pct of: unstated · outcome: distribution · currency: CAD · class key: secured · stated by: monitor · amount low: 259000000 · cumulative: true · amount high: 259000000 · class label: Syndicate · creditor name: Syndicate · interim final: interim · currency quote: CAD$259 million · claims qualifier: unstated · stated on: 2017-04-13 · table missing: